BIIIX vs. VIGIX
Compare and contrast key facts about BlackRock Sustainable Advantage CoreAlpha Bond Fund (BIIIX) and Vanguard Growth Index Fund Institutional Shares (VIGIX).
BIIIX is managed by Blackrock. It was launched on Aug 23, 2016. VIGIX is managed by Vanguard. It was launched on May 14, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIIIX or VIGIX.
Key characteristics
| BIIIX | VIGIX | |
|---|---|---|
| YTD Return | -2.23% | 7.29% |
| 1Y Return | -0.61% | 35.03% |
| 3Y Return (Ann) | -3.69% | 7.46% |
| 5Y Return (Ann) | -0.03% | 16.05% |
| Sharpe Ratio | -0.09 | 2.18 |
| Daily Std Dev | 6.76% | 15.72% |
| Max Drawdown | -19.99% | -56.81% |
| Current Drawdown | -13.20% | -3.94% |
Correlation
The correlation between BIIIX and VIGIX is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BIIIX vs. VIGIX - Performance Comparison
In the year-to-date period, BIIIX achieves a -2.23% return, which is significantly lower than VIGIX's 7.29% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BIIIX vs. VIGIX - Expense Ratio Comparison
BIIIX has a 0.29% expense ratio, which is higher than VIGIX's 0.04% expense ratio.
Risk-Adjusted Performance
BIIIX vs. VIGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Sustainable Advantage CoreAlpha Bond Fund (BIIIX) and Vanguard Growth Index Fund Institutional Shares (VIGIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BIIIX vs. VIGIX - Dividend Comparison
BIIIX's dividend yield for the trailing twelve months is around 4.07%, more than VIGIX's 0.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIIIX BlackRock Sustainable Advantage CoreAlpha Bond Fund | 4.07% | 3.62% | 2.21% | 2.20% | 2.82% | 2.79% | 2.78% | 2.18% | 0.61% | 0.00% | 0.00% | 0.00% |
VIGIX Vanguard Growth Index Fund Institutional Shares | 0.55% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.15% | 1.40% | 1.31% | 1.22% | 1.20% |
Drawdowns
BIIIX vs. VIGIX - Drawdown Comparison
The maximum BIIIX drawdown since its inception was -19.99%, smaller than the maximum VIGIX drawdown of -56.81%. Use the drawdown chart below to compare losses from any high point for BIIIX and VIGIX. For additional features, visit the drawdowns tool.
Volatility
BIIIX vs. VIGIX - Volatility Comparison
The current volatility for BlackRock Sustainable Advantage CoreAlpha Bond Fund (BIIIX) is 1.70%, while Vanguard Growth Index Fund Institutional Shares (VIGIX) has a volatility of 5.76%. This indicates that BIIIX experiences smaller price fluctuations and is considered to be less risky than VIGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.